Kunming Iron & Steel to construct demonstration parks abroad
2018-08-31 15:35:28 [Print]
In recent years, Kunming Iron & Steel optimizes state-owned capital layout and undertakes the responsibilities of "One Belt One Road"
On 14 April, 2016, Kunming Iron & Steel established Yunnan Yongle Overseas Investment Co., Ltd . as an important platform for international cooperation on production capacity, by which the company introduced overseas resources, implemented its internationalization strategy and did foreign trade business.
Yunnan Yongle Overseas Investment Co., Ltd . has collected relevant data from different channels and investigated nations along the "One Belt One Road" and African countries that are of great market capacity, rich resources, fast-developing economy, stable political situation and weak industrial foundation since 2016 and preliminarily listed 9 nations as key targets of investment . In 2017, Kunming Iron & Steel decided to invest in Bangladesh, Cambodia and Myanmar with the general idea of constructing overseas iron & steel international production capacity cooperation demonstration parks.
Currently, Kunming Iron & Steel plans to construct Sino-Bangladesh iron & steel international production capacity cooperation demonstration park and 2mt complete process flow steel mill project, Sino-Cambodia international production capacity cooperation industrial park-Cambodia Preah Vihear Province Rovieng Iron Mine and 1mt complete process flow steel mill project and Sino-Myanmar international production capacity cooperation demonstration park and 2mt complete process flow steel mill project. All preparation work is underway in an ordered manner.
. Besides promoting global cooperation on production capacity, the company also accelerates its internationalization process.
On 14 April, 2016, Kunming Iron & Steel established Yunnan Yongle Overseas Investment Co., Ltd . as an important platform for international cooperation on production capacity, by which the company introduced overseas resources, implemented its internationalization strategy and did foreign trade business.
Yunnan Yongle Overseas Investment Co., Ltd . has collected relevant data from different channels and investigated nations along the "One Belt One Road" and African countries that are of great market capacity, rich resources, fast-developing economy, stable political situation and weak industrial foundation since 2016 and preliminarily listed 9 nations as key targets of investment . In 2017, Kunming Iron & Steel decided to invest in Bangladesh, Cambodia and Myanmar with the general idea of constructing overseas iron & steel international production capacity cooperation demonstration parks.
Currently, Kunming Iron & Steel plans to construct Sino-Bangladesh iron & steel international production capacity cooperation demonstration park and 2mt complete process flow steel mill project, Sino-Cambodia international production capacity cooperation industrial park-Cambodia Preah Vihear Province Rovieng Iron Mine and 1mt complete process flow steel mill project and Sino-Myanmar international production capacity cooperation demonstration park and 2mt complete process flow steel mill project. All preparation work is underway in an ordered manner.